PUBLIC ACCESS:
Sector Profile | | 2023

Growth in business units

The number of businesses in a sector is an indicator of the health of the economy. For example, positive growth in the number of businesses in an area reflects increased entrepreneurial activity and economic activity as entrepreneurs are prepared to take risks and start new ventures. Conversely, a decline in the number of business units indicates that firms have a pessimistic future outlook.

This section contrasts the Accountancy recent performance in business unit growth with that of the overall national economy.

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